Tai Lopez "Book Of The Day" Show

“Paralysis by over analysis is a global epidemic” - Tai Lopez

(click to tweet)

Everyone has great ideas. But ideas are nothing without implementation, and today’s episode is all about how to go from idea to reality. There are three very important steps to go from concept to reality, and you will learn about them on this episode.

But one of the most important, earliest steps, is the ability to get excited before getting started. While a lot of people can do this, many cannot, and it is essential to success. The reason for this is because understanding what motivates you, what excites you, and what makes you want to work, is the understanding that will help you achieve great things.

Learn more about how to take an idea all the way to reality and achieve success on today’s episode.

“A great trainer not only educates, but to instill motivation to carry through” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • To get what you want, you have to deserve what you want
  • Paralysis by over analysis is a global epidemic
  • A great training not only educates, but to instill motivation to carry through
  • You must have the ability to generate excitement before you have started something
  • In order to overcome your natural “brain budgeting,” you have to overcome the concept that something is going to be hard in your mind
  • You must have the ability to create a prototype of any idea, to make sure your idea is good. Prototypes will save you from bankruptcy
  • Pre-sell your idea
  • You can’t fix stupid
  • Keep an eye on google trends to be ahead of the curve
  • Be careful about what connotations you set up for yourself with different things. The right associations will set you up for success
  • The school system has not progressed into the modern world
  • Avoid people with extreme ideologies and opinions
  • Learn from everyone, but pick and choose what you learn
  • Learn from other people through mentorships and apprenticeships
  • Pick arbitrary goals in life, and then follow through! You will gain momentum and confidence through achieving goals, even if they are arbitrary
Direct download: Tai_Lopez_-_EP_8-16-17.mp3
Category:general -- posted at: 2:00am PDT

“Most people are too stubborn and narcissistic to get rich” - Tai Lopez

(click to tweet)

In order to be successful, you will have to learn how to efficiently and effectively manage yourself. This means you need to look into your daily schedule, find out what you are doing with your time, and then be purposeful about allocating that time to the specific activities that will move you forward toward your goals.

Today I’m going through how I break up my day, why I focus on just a few large chunks instead of many small chunks, as well as a deep dive into what you should look for in the very first business you start.

“Learn and employ the power of delegation” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • Most people are too stubborn and narcissistic to get rich
  • A highly efficient routine in your day is important to earning more
  • Learn and employ the power of delegation
  • Emphasize efficiency
  • Have an efficient system for taking notes
  • Know how to efficiently learn
  • Knowing how to manage yourself is one of the most important things that you will learn
  • Imagine that a camera is on you all day. Would you be proud of what people would see in the video?
  • If you are focused on other people, or commenting on other people’s social media, you will not have attention and time left to be successful
  • Don’t get too fancy and specific with your daily routine. Don’t chunk too small
  • At the beginning of your day, figure out the specific 3-5 things you really need to do that day
  • Major in majors, and minor in minors
  • Do the most important thing you do in a day, first thing
  • Be careful about highly regulated industries. It takes away some of your control
  • Pure hard work is not enough. You NEED more than that to be successful
  • Start your first business as an easier endeavor. You can try harder, fancier businesses later

TaiLopez.com/Apply

Direct download: Tai_Lopez_-_EP_8-14-17.mp3
Category:general -- posted at: 2:00am PDT

“You must study history to make money” - Tai Lopez

(click to tweet)

Today is an involved episode. We cover a ton of ground, from politics, to self-help, how to live your life, how to deal with people, how to understand and take advantage of trends to build successful businesses faster, and much more.

If you are interested in hearing more longer and more involved episodes like this one, leave a review and let us know in the review. That way we can bring you the kind of podcast you want to hear.

“Bluffing is dangerous. Consider the repercussions, and the possibility that someone will call your bluff” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • How happy you are will depend mainly on your relationships
  • Identifying trends and taking advantage of them is the best way start a business
  • The things you worry about rarely happen. The things you don’t worry about tend to happen
  • Keep your friends close and your enemies closer
  • Just because something has been a certain way doesn’t mean that it should continue to be that way
  • You must study history to make money
  • Education and reading will give you insights into how you should deal with other people, according to their specific mindset
  • Bluffing is dangerous. Consider the repercussions, and the possibility that someone will call your bluff
  • The smartest, most successful and richest people in the world all read a ton. If you think that you’re smarter than all of them, then you don’t have to. But you’re not smarter than them
  • Anytime you want to make money, simply be an impressive and curious person
  • If you don’t stand out from the crowd, you will struggle to make money. If you can stand out in a good way, you will always be able to make money
  • Avoid extreme ideologies
  • Understand differences in the way cultures approach things, and take it into consideration
  • Understand the perverse incentives that are in place, that make people incentivised to work toward things that are not ideal outcomes for either you, or the world at large
  • Only borrow money on tested ideas to mitigate risk
  • Every 50 year prediction of the past has been VERY far off, so be very sceptical of those predictions today
  • The nicest people are at the top. The worst people are the people lower down, and trying to elbow their way to the top
  • Because people are born unequal, you will never have 100% equality
  • Money is not the solution to all things, but you must learn how to make money. It’s essential
  • Live an adventurous life if you want to have more energy
Direct download: Tai_Lopez_-_EP_8-11-17.mp3
Category:general -- posted at: 2:00am PDT

“It’s ok to be a little eccentric, but know where it becomes a problem” - Tai Lopez

(click to tweet)

As you go through life, you come to the realization that many people have serious psychological problems. Whatever metric or system you use to measure psychological issues, you will find that a very large number of the people that you run across exhibit those traits.


But times reveals everything, so when it comes to deciding the people you will have relationships with, whether personal or business, give it some time. It’s easy for someone to pretend to be someone that they are not for a few weeks or a few months, but try to give it a year to make sure you know who they really are.

Then, understand that everyone has a little weird in them. Everyone has a different mix of character traits, with desirable and less desirable aspects mixed in. Just make sure the weirdness doesn’t out-weigh the rest too much. Allow for the mix in your relationships, as long as it’s not overboard.

“Three things that will mess you up: Pride, stubbornness, and being overly sensitive” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • Probably about 70% of people that you will run into have serious psychological issues
  • If you don’t understand psychological issues, you might start second-guessing yourself and thinking that you’re the one with issues
  • The dark triad is one way to understand psychological issues of varying degrees
  • It’s ok to be a little eccentric, but know where it becomes a problem
  • Three things that will mess you up: Pride, stubbornness, and being overly sensitive
  • A lot of times pride expresses itself as anger
  • Often, stubborn people come across as very nice, but do not act on advice
  • Everybody is allowed to be a little weird. Maybe 20%. Just not too much
  • The first step in progress is massive awareness
  • Be careful about all new relationships. Time reveals all, so give it time to understand who people really are
  • Be honest with yourself. Admit who you are and your weakness. And see if maybe you should get a pro to help you, and see a psychologist
Direct download: Tai_Lopez_-_EP_8-2-17.mp3
Category:general -- posted at: 2:00am PDT

“Don’t try to please everyone. Just do you” - Tai Lopez

(click to tweet)

It feels like the level of narcissism in the world is continually increasing. Just take a look at your Instagram feed, and you will see it proudly on display. It seems like nothing is more important to people today than themselves and their looks.

Maybe it’s time to take a step back and reevaluate our emphasis. Put more effort into the truly important things in life, and less into the ones that don’t matter. Put less effort into how you look, and more into what you do.

At the end of the day, you can’t please everyone, so don’t worry about it. Just do you, and do good in the world.

“Be willing to experiment. Don’t be close-minded” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • Don’t try to please everyone. Just do you
  • Narcissism is everywhere. People think it’s all about them
  • Be willing to experiment. Don’t be close-minded
  • You need a small amount of narcissism to improve yourself. But it seems like it’s out of control these days
  • We need to become more curious people about many things
Direct download: Tai_Lopez_-_EP_7-31-17.mp3
Category:general -- posted at: 2:00am PDT

“The older generation shows us what toughness truly is” - Tai Lopez

(click to tweet)

Will Durant said, “A nation is born stoic, and dies epicurean.” This means that, at the beginning of a nation’s lifespan, it’s citizens are tough. They understand the true meaning of difficulty and stress. They don’t stress out over the small things in life, because they have bigger things to worry about. They’re tough, and they find a way to turn a horrible situation into something great.

But as the nation continues in prosperity, its citizens turn epicurean. The focus turns to luxury and materialism. As this happens, smaller and smaller difficulties stress citizens, until the toughness level has decreased to the point where everyone is so weak-willed that tiny difficulties can destroy them.

Experience difficulties. Toughen yourself up, and teach yourself that you can truly handle difficulties, and come out on top! Instead of running from difficulties, embrace them as opportunities to toughen yourself.

“Give kids access to tools to help them make money instead of materialistic things” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • A nation is born stoic and dies epicurean
  • The older generation shows us what toughness truly is
  • America used to be full of tough people who could handle true difficulties
  • People in today’s society stress over very small things
  • You should want things that are difficult, not run from them. Stress is the only way you get stronger
  • Give your kids access to tools to help them make money, rather than giving them whatever material thing they happen to want at the moment
  • Find a way, through toughness and resilience, into good things
  • Do manual labor, work on a farm, live without electricity. Toughness yourself up
  • If you stress about small things, when the big problems come, you won’t be able to handle it
  • Use money as a tool to help you live an adventurous and good life
  • People like to outrage over things, but if they really, truly cared about what they are outraged about, the would show it with their actions and money
Direct download: tai_-_EP_7-28-17_-_FINAL_MIX.mp3
Category:general -- posted at: 12:48pm PDT

“Take deep dives into some of the more difficult and high-level topics of life. It’s important to work out your brain” - Tai Lopez

(click to tweet)

Some episodes of The Tai Lopez Show are on light topics, and for anyone, but sometimes you need to get deep. This episode is a bit higher level than other episodes have been. We’re discussing Will Durant and his ideas about humanity, hero’s, war, and the natural balance of the world.

It’s important to train your brain to be able to tackle difficult or complicated topics. As with any ability or skill, it’s a muscle that has to be worked out, and today we’re giving you that workout through this discussion.

So don’t shy away from tougher topics like these, but embrace them with excitement to learn and better yourself!

“In everything: Take the best and forget the rest” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • Take deep dives into some of the more difficult and high-level topics of life. It’s important to work out your brain
  • Train the brain through practical, tangible benefits
  • Study history to see the cycles that will repeat
  • The imitative majority follows the innovative minority
  • Most wars are two privileged people fighting each other, and everyone else getting caught in it
  • The world is set up naturally, with checks and balances, the even everything out
  • Avoid radical ideas and views. The world is too complicated for that
  • In everything: Take the best and forget the rest
  • Life is all about decisions, and your quality of life depends on your decisions
  • Unbalance in any situation tends to be a big problem
Direct download: Tai_Lopez_-_EP_7-26-17_-_Fixed.mp3
Category:general -- posted at: 2:00am PDT

“You will always offend people with whatever you do, so don’t worry too much about it” - Tai Lopez

(click to tweet)

This message is a hard hitting reminder that, while we all make mistakes, it’s extremely important that you always put out work that is the highest quality of which you are capable.

After doing something, if you can honestly say it was the best you could have done, nobody can fault you. But if you did not pursue the work in a conscientious way, with an understanding of the consequences to yourself or whoever you work for, you have no excuse.

This is a piece of internal communication with my team, as well as a lesson for everyone who wants to accomplish big things in this world: Everyone likes to make excuses for why they didn’t do as good a job as they wanted, but pure results are the real measure of what has been done. Hold yourself to this high standard, and you will go far.

“It’s extremely important to be able to say and admit to yourself that you messed up” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • You will always offend people with whatever you do, so don’t worry too much about it
  • Instead of immediately making a judgement call about something, good or bad, right or wrong, try to see what you can learn from it first
  • Learn from everything instead of making an immediate value judgement about it
  • Put yourself in someone else’s shoes to better understand what’s really going on
  • The best way to deal with humans is to always start out nice with people, and then treat them back the way that they treat you
  • You can tell when something is being dealt with in a consciousness way, or when it was not
  • It’s extremely important to be able to say and admit to yourself that you messed up
Direct download: Tai_Lopez_-_EP_7-24-17_-_Legal_Adjustments.mp3
Category:general -- posted at: 2:00am PDT

“To be successful, you must know the language of the environment that you are in” - Tai Lopez

(click to tweet)

This episode is all about money. I’m answering your questions about how to get money, what to do with it once you have it, and how and why to start investing early. We’re talking about why reading people is an essential skill to earning more, as well as how to do it.

A lot of people like to talk about how money isn’t everything, and they’re right. But the reality is that money is extremely important, because without it, you will never experience complete freedom. It’s not that the money is so important to a happy life, but that having the money brings the freedom that increases your quality of life.

So listen to this episode to learn more about money, how to make more of it, and how to manage it, to bring more freedom and happiness into your life.

“Money isn't everything, but you will never have complete freedom if you’re broke” - Tai Lopez

(click to tweet)

Points to Keep In Mind

  • Reading people is an essential skill to make more money
  • Ask yourself how many hours per week you spend around someone who is 20 years ahead of you financially
  • Spend as much time as possible around the people who are where you want to be financially
  • You must know the language of the environment that you are in
  • When you meet people, especially if you want to be able to successfully interact with people, you need to be able to read them and speak directly to them
  • Being able to adapt quickly will be essential to making money in the modern world
  • The most incredible brands in the world have died from an inability or an unwillingness to change
  • You have to put in time and effort to find mentors in your life
  • Money isn't everything, but you will never have complete freedom if you’re broke
  • Setup automated withdrawals from one bank to another, and make it a pain to access the second account, so that you automatically save
  • Get started investing and making smart money decisions even if you have a very small amount of money to work with
  • When you’re broke, don’t try to live like you’re rich
  • Things like fear and negative thoughts tend to make it far more difficult to make money
  • If you want to make more money, you have to have energy
  • If you feel depressed, do not hang out with other depressed people
  • Make sure you’re around a variety of different people
  • Use technology to approximate mentorship with podcasts, youtube videos, etc
Direct download: Tai_Lopez_-_EP_7-21-17_v2.mp3
Category:general -- posted at: 2:00am PDT

“Study history so that you don’t make stupid decisions” - Tai Lopez

(click to tweet)

Do you read history? Today, most people don’t. Most people don’t read at all, but if they do read, it’s probably either light, fluffy novels or maybe a self-help book here and there. But what about history? What can a deeper understanding of history do for your life, in helping you achieve the best life possible?

Today, I’m going through some moments in history, and what can be learned from them. Because without and understanding of history, there really is no way that we can predict the future. But because history tends to repeat itself, if we develop an understanding and knowledge of history and the trends that come back time and time again, we can better understand the world around us, and make more sense of where it’s headed, as well as if current political decisions are likely to be a good idea.

"The reward should be emphasized in education to motivate students to learn" - Tai Lopez

(click to tweet)

 

Points to Keep In Mind

  • To start learning history, focus first on what you enjoy
  • History should be more about stories than dates and numbers to be interesting
  • Show the reward before you teach in order to effectively learn, and want to learn!
  • First you get the mindset, then you launch the business, then you get the money. The progression is important
  • Use the HEXACO personality test to more fully understand personalities
  • The C, which stands for Conscientiousness, is probably the most important attribute when it comes to making money
  • Conscientiousness:
    • Perfectionism
    • Organization
    • Prudence (the ability to make good decisions)
  • Parents are usually the worst thing for their kids
  • Politics and Republican vs Democrat tends to have more to do with personality types
  • Knowing history, and how it repeats itself, will help you earn more money and be more successful
  • The mark of an intelligent person is to see both sides of a story
  • Study history so that you don’t make stupid decisions
Direct download: Tai_Lopez_-_EP_7-19-17.mp3
Category:general -- posted at: 2:00am PDT